Fastned reports €38.1m revenue in Q4 2025

New charging stations opened in Belgium, France, Germany, Netherlands, Switzerland and UK

European fast charging company Fastned has reported €38.1m in revenue related to charging for Q4 2025, up 44% on a year earlier. 

The company delivered 54.8 GWh of energy to electric drivers over more than 2 million charging sessions, powering over 273m kilometres of emissions-free driving. These figures mark record quarterly highs for the company.

Fastned raised €39m through its most recent retail bond campaign – the third round in 2025. In total Fastned attracted approximately €110m through its bond programme in 2025, compared to approximately €82m raised in 2024 (also across three rounds).

Fastned opened 26 new charging stations during Q4 2025 with locations arriving in Belgium, France, Germany, the Netherlands, Switzerland and the UK, as well as the inauguration of the company’s first station in Spain. At the end of 2025 there were 406 Fastned stations open to drivers in nine countries across Europe.

Fastned set the following guidance for 2025:

• 400 to 425 stations operational by year end
• More than €325,000 revenues per station (full year average)
• 35% to 40% Operational EBITDA margin (full year average).

 With 406 stations at year end and an approximate revenue per station of €335,000, Fastned has delivered on the first two elements of its guidance for 2025. For the third element, operational EBITDA, we reiterate our guidance for a margin of 35-40%; verified figures will be available in our Annual Report 2025, scheduled for publication on 19 March 2026. 

Based on its secured pipeline and increased organisational capacity, Fastned sets the following guidance for 2026:

• 476 to 506 stations operational by the end of 2026 (70-100 new stations)
• Revenues of €350k-400k per station (full year average)
• 35-40% operational EBITDA.

Fastned reports that is on track towards its ambition of operating 1,000 stations by 2030, while continuing to grow revenue per station and operational EBITDA as utilisation increases and the fast charging market matures in line with rapidly growing EV sales.

In addition to new openings, Fastned significantly increased capacity at existing locations through expansions, repowering and higher-power upgrades. Alongside 26 new stations in Q4, 35 existing stations (in six countries) were expanded, redeveloped or upgraded. 

During the busy holiday season, occupancy and utilisation of charging stations increased dramatically. These continuous upgrades and expansions enable Fastned to serve more drivers at peak times when the need is greatest, and ensure we maintain our premium driver experience even during periods of heavy traffic at our locations.

Fastned also strengthened its development pipeline and continued acquiring high-value locations at pace. At the end of 2025, the company had secured 663 locations for development, supporting Fastned’s long-term ambition to build 1,000 stations by 2030.

Fastned’s record Q4 and full-year results were driven by continued growth in the battery electric vehicle (BEV) fleet across its markets. In 2025, BEV registrations in Europe again grew strongly, with some markets ending the year with EV shares of new car sales around 35%.

Michiel Langezaal, chief executive and co-founder of Fastned, said: “It's been a fantastic quarter for Fastned and I'm delighted at how our team continues to scale our business across Europe. Our network now surpasses 400 stations, which continue to deliver industry-leading returns, giving us great confidence for the future.

“In recent months we have seen trains and airports struggling with winter conditions and travellers stranded during the holiday season. In this context, I am proud to say Fastned's stations have thrived, delivering on our commitments and reliably serving more drivers than ever before. 

“Delivering in harsh conditions while scaling has been a great challenge: our team has passed this test with great results and put us in pole position for 2026.”